With a reputation for being the Safest Bank in Asia, DBS seeks to provide joyful and trustworthy banking across Asia
Amazing Rewards Await When You Use Your DBS Credit Card
Redeem an exciting range of shopping, dining, and entertainment rewards with your DBS Points
Offset major purchases with 0% instalment plans, spread over 3, 6, 12, 18, or 24 months
With DBS MasterPass, you can shop, click and checkout faster online
More about DBS
With 280 branches across 18 markets in Asia, DBS is the largest bank in Singapore and Southeast Asia. It was named the Safest Bank in Asia by Global Finance Magazine for five consecutive years, from 2009 to 2013. In 2014, it was awarded the Best Asia Pacific Bank title. DBS was established in 1968 as the Development Bank of Singapore, playing a huge role in its birth nation’s economic growth. It has its headquarters in Singapore. POSB Bank operates as a subsidiary of DBS Bank, after it was acquired in 1998. It specialises in consumer banking services in particular. POSB Bank began in Singapore in 1877, and is one of the oldest banking institutions in the country.
If you're Singaporean or Permanent Resident over 21 years of age, you can apply for a DBS Credit Card. You'll need to earn at least S$30,000 a year. Foreigners need to earn a least S$45,000 a year to qualify.
You earn 1 DBS Point for every S$5 retail purchase charged to your DBS Credit Card. DBS Points will not be awarded for AXS terminals/online/iBanking bill payment transactions, fund transfer transactions, cash advances, annual fees, interest, late payment charges, all fees charged by DBS, instalment payment plans, preferred payment plans and other miscellaneous charges (unless otherwise stated in writing by DBS). Visit the DBS Online rewards website to check your DBS points and redeem them online.
We compare loans that can be paid back over terms of between 12 months and 60 months. The effective interest rate (EIR) you will be charged depends on your personal circumstances, and will be between 8.5% p.a. and 14.94% p.a.
This is a representative example of what it may cost: a loan of S$10,000 over 36 months at 4.8% p.a. nominal interest would equate to monthly repayments of S$317.77 and the total cost of the loan that you pay back would be S$11,440.
The effective interest rate (EIR) you will be charged depends on your personal circumstances. Typically the lowest EIR charged by bank ranges between 5.0% p.a. to 20.0% p.a. depending on the choice of banks and products.